气候变化领域集成服务门户(CCPortal): Influence mechanism between green finance and green innovation: Exploring regional policy intervention effects in China

CCPortal

DOI	10.1016/j.techfore.2022.121882
	Influence mechanism between green finance and green innovation: Exploring regional policy intervention effects in China
	Irfan, Muhammad; Razzaq, Asif; Sharif, Arshian; Yang, Xiaodong
发表日期	2022
ISSN	0040-1625
EISSN	1873-5509
卷号	182
英文摘要	The effective use of inclusive green finance is imperative for deriving green innovation, fostering sustainable economic transformation, and addressing climate change. Therefore, this study empirically tests the influence mechanism and policy intervention effects of inclusive green finance on green innovation by applying the difference-in-differences, mediation effects, and panel vector autoregression models using China's regional data from 2010 to 2019. The findings indicate that green finance significantly contributes to green innovation, and these effects remain consistent across alternative estimators. The results of policy intervention effects confirm that the Pilot Zones for green financial innovation and reform encourage green innovation and sustainable performance more pronouncedly than other regions. The mediating effects reveal that industrial structure, economic growth, and research and development investment are the core transmission channels through which green finance influences green innovation. These results offer valuable recommendations.
英文关键词	Climate change; Green finance; Green innovation; DID model; China
语种	英语
WOS研究方向	Business ; Regional & Urban Planning
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000838036600012
来源期刊	TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/280560
作者单位	Beijing Institute of Technology; Beijing Institute of Technology; Dalian University of Technology; Sunway University; Xinjiang University; Xinjiang University
推荐引用方式 GB/T 7714	Irfan, Muhammad,Razzaq, Asif,Sharif, Arshian,et al. Influence mechanism between green finance and green innovation: Exploring regional policy intervention effects in China[J],2022,182.
APA	Irfan, Muhammad,Razzaq, Asif,Sharif, Arshian,&Yang, Xiaodong.(2022).Influence mechanism between green finance and green innovation: Exploring regional policy intervention effects in China.TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE,182.
MLA	Irfan, Muhammad,et al."Influence mechanism between green finance and green innovation: Exploring regional policy intervention effects in China".TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE 182(2022).